🔴 Memory ETF (RAM) is trading 2.63% down in after-hours trading as DRAM fell 5.5% Thursday

RAM is trading $7.40, -2.63% versus the regular-session close amid memory and storage stock weakness.

• RAM magnifies the DRAM memory ETF’s daily performance by 200%, so weakness across memory and storage stocks can amplify its move. DRAM was reported down 5.5% during Thursday’s session, with Micron, SanDisk, Seagate and Western Digital among the pressures.
• Broader technology selling and concerns about AI spending added risk-off pressure. Western Digital’s post-close results and stronger guidance were positive, so they do not clearly explain RAM’s after-hours decline.